Foreword | |
Preface | |
Introduction, Summary and Consequences | |
The birth of the European Communities (EC) | p. 1 |
The EEC Treaty | p. 2 |
The White Paper and the Single European Act | p. 8 |
The internal market for financial institutions | p. 9 |
Three freedoms | p. 13 |
Strategies in 1993 | p. 15 |
Europe in 1993, the consequences for governments | p. 16 |
Europe in 1993, the consequences for financial institutions | p. 17 |
The road beyond 1992 | p. 19 |
Liberalisation of Capital Movements | |
Freedom of capital movements in 1993 | p. 25 |
Pre-1986 directives | p. 25 |
The situation at the beginning of 1986 | p. 32 |
Directives since 1986 | p. 33 |
Credit Institutions and Investment Firms | |
Credit institutions and investment firms in 1993 | p. 49 |
Establishment and provision of services by credit institutions in the narrow sense | p. 49 |
Coordination of credit institutions (I) | p. 54 |
Coordination of consolidated supervision of credit institutions | p. 58 |
Coordination of annual accounts and consolidated annual accounts of credit institutions | p. 62 |
Coordination of the publication of annual accounting documents of credit institutions | p. 75 |
Coordination of provisions concerning own funds and solvency of credit institutions | p. 77 |
Coordination of large exposures of credit institutions | p. 97 |
Coordination of deposit-guarantee schemes of credit institutions | p. 100 |
Coordination of reorganisation, winding-up and deposit guarantee schemes of credit institutions | p. 101 |
Coordination of consumer credit | p. 103 |
Coordination of mortgage credit | p. 105 |
Coordination of credit institutions (II) | p. 107 |
Coordination of investment firms | p. 117 |
Securities Markets and Undertakings for Collective Investment in Transferable Securities (UCITS) | |
Securities markets and undertakings for collective investment in Transferable securities in 1993 | p. 127 |
Coordination of the admission of securities | p. 127 |
Coordination of public offer prospectuses | p. 136 |
Coordination of information | p. 144 |
European code of conduct relating to transactions in transferable securities | p. 149 |
Coordination of undertakings for collective investment in transferable securities | p. 152 |
Insurance Companies | |
The insurance market in 1994 | p. 157 |
Establishment and provision of services in the narrow sense | p. 158 |
Coordination of non-life insurance | p. 161 |
Coordination of motor vehicle liability insurance | p. 173 |
Coordination of life assurance | p. 181 |
Coordination of coinsurance | p. 190 |
Coordination of insurance agents and brokers | p. 193 |
Coordination of annual accounts and consolidated annual accounts | p. 198 |
Remaining coordination | p. 199 |
Pension Funds | p. 201 |
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